DC Accepted Papers Paper:
The Relationship between Female Fertility Rate and Female Labor Participation in G7 Countries: Evidence from Unit Root Test, Cointegration and Vector Error Correction Model
*Names in bold indicate Presenter
Rising female labor force participation has been one of the most remarkable economic developments of the last few centuries. Female labor participation has been on a steady upward trend globally post World War two and is of great interest to Labor Economic scholars. Female participation in the labor force facilitates economic growth, better development outcomes, and gender equity. This paper explores granger causality, cointegration, and the long-run relationship between Fertility Rate (TFR) and Female Labor Participation (TFLP) in G7 countries. This is done using cross-national macro-level time series data from 1990 to 2016 for G7 countries by testing for unit root, cointegration of the two series, and Vector error correction models (VECM). The paper finds unidirectional long-run relationships moving from TFR to TFLP, which is consistent with Mishra et al.., (2009), which this paper attempted to extend.